GERD by sector of performance and type of expenditure in Latvia
Latvia: GERD by sector of performance and type of expenditure was 372.64 Million euro in 2024. ◆ Volatile
Latest (2024)
372.64 Million euro
Change on year
up 14.9%
World rank
46th
of 52 countries
All-time high
372.64 Million euro
in 2024
All-time low
9 Million euro
in 1993
Years of data
32
1993–2024
GERD by sector of performance and type of expenditure in Latvia, 1993–2024
Source: Eurostat. Measured in Million euro.
Analysis
Latvia recorded 372.64 Million euro for gerd by sector of performance and type of expenditure in 2024. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 14.9% on the previous year and up 128.9% over ten years.
Over the whole period, gerd by sector of performance and type of expenditure in Latvia peaked at 372.64 Million euro in 2024 and was at its lowest, 9 Million euro, in 1993.
Latvia ranks 46th of 52 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GERD by sector of performance and type of expenditure in Latvia, year by year
| Year | Million euro | Change |
|---|---|---|
| 1993 | 9 Million euro | — |
| 1994 | 13.04 Million euro | +44.9% |
| 1995 | 17.85 Million euro | +36.9% |
| 1996 | 18.67 Million euro | +4.6% |
| 1997 | 21.07 Million euro | +12.8% |
| 1998 | 24.28 Million euro | +15.3% |
| 1999 | 24.79 Million euro | +2.1% |
| 2000 | 37.54 Million euro | +51.4% |
| 2001 | 37.74 Million euro | +0.6% |
| 2002 | 41.53 Million euro | +10.0% |
| 2003 | 37.72 Million euro | -9.2% |
| 2004 | 46.71 Million euro | +23.8% |
| 2005 | 72.69 Million euro | +55.6% |
| 2006 | 112.32 Million euro | +54.5% |
| 2007 | 125.6 Million euro | +11.8% |
| 2008 | 141.6 Million euro | +12.7% |
| 2009 | 84.88 Million euro | -40.1% |
| 2010 | 108.65 Million euro | +28.0% |
| 2011 | 140.73 Million euro | +29.5% |
| 2012 | 146.52 Million euro | +4.1% |
| 2013 | 139.76 Million euro | -4.6% |
| 2014 | 162.8 Million euro | +16.5% |
| 2015 | 152.2 Million euro | -6.5% |
| 2016 | 110.4 Million euro | -27.5% |
| 2017 | 137.9 Million euro | +24.9% |
| 2018 | 186.2 Million euro | +35.0% |
| 2019 | 195.2 Million euro | +4.8% |
| 2020 | 221.12 Million euro | +13.3% |
| 2021 | 248.86 Million euro | +12.5% |
| 2022 | 293.2 Million euro | +17.8% |
| 2023 | 324.27 Million euro | +10.6% |
| 2024 | 372.64 Million euro | +14.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.38 Million euro | 9 Million euro | 24.79 Million euro | 7 |
| 2000s | 73.83 Million euro | 37.54 Million euro | 141.6 Million euro | 10 |
| 2010s | 148.04 Million euro | 108.65 Million euro | 195.2 Million euro | 10 |
| 2020s | 292.02 Million euro | 221.12 Million euro | 372.64 Million euro | 5 |
Countries ranked near Latvia
More reference data data for Latvia
- Exposure to extreme precipitation — Annual precipitation change 65.46 Millimetres per year (2023)
- Exposure to extreme temperature — Annual temperature change 1.43 Degrees celsius (2023)
- Cooling and heating degree days by NUTS 2 regions - monthly data 505.67 Number (2025)
- Cooling and heating degree days by NUTS 2 regions - annual data 3,617 Number (2025)
- IPAC Dashboard indicators — Geothermal 0 Index (2025)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 19.46 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 4.99 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 41.31 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 13.15 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.71 Percentage of GDP (2022)
Frequently asked questions
- What is gerd by sector of performance and type of expenditure in Latvia?
- Gerd by sector of performance and type of expenditure in Latvia was 372.64 Million euro in 2024, according to Eurostat.
- What is the highest gerd by sector of performance and type of expenditure recorded in Latvia?
- The highest recorded value was 372.64 Million euro in 2024.
- What is the lowest gerd by sector of performance and type of expenditure recorded in Latvia?
- The lowest recorded value was 9 Million euro in 1993.
- How does Latvia rank for gerd by sector of performance and type of expenditure?
- Latvia ranks 46th out of 52 countries with data for 2024.
- Is gerd by sector of performance and type of expenditure rising or falling in Latvia?
- Over the last ten years it is up 128.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of GERD by sector of performance and type of expenditure. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (Eurostat).